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uncollateralized

From Wiktionary, the free dictionary

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English

Etymology

From un- + collateralized.

Adjective

uncollateralized (not comparable)

  1. Not collateralized.
    • 2009 June 23, Dwight Cass, Christopher Hughes, “Unwinding Fed Support”, in New York Times:
      Today, a bank can borrow dollars on an uncollateralized basis for a month in the interbank market for about 0.30 percent, which is more attractive than a Fed loan requiring full collateral, even if it is slightly cheaper.
    • 2025 May 1, Jada Nagumo, “BOJ governor keeps rate hike in play but stresses 'high uncertainty'”, in Nikkei:
      The bank [Bank of Japan] kept its policy rate, an uncollateralized overnight call rate, at 0.5% the same day.
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